Northeast Frontier Railway (NFR) has achieved a track renewal of 257.98 km during the fiscal year 2023-24. Additionally, 210.71 total kilometer (tkm) of sleeper renewal and 264.16 units of Complete Track Renewal (CTR) works have […]
Deendayal Port Authority (DPA), Kandla has registered handling a record-breaking 18.5 million metric tonnes (mmt) of cargo within the first 45 days of FY 2024-25. Compared to the corresponding period of FY 2023-24, this is […]
The construction of the green national highway NH-516E, a 406.17 km spur road of NH-16 passing through the Eastern Ghats in Alluri Sitharama Raju (ASR) district, is advancing swiftly. This eco-friendly highway, using green technologies […]
Traffic congestion in north Chennai is set to improve as the Greater Chennai Corporation (GCC) aims to complete two flyovers by the end of 2024. The Vyasarpadi flyover in Ganeshapuram, costing Rs 1.42 billion, is […]
Chennai Metro Rail Limited (CMRL) is planning to commence tunnelling work in Royapettah for the Chennai Metro Rail Project Phase-II in September 2024. The project involves development of 118.9-km three metro corridors (corridor III, IV […]
Kerala Water Authority (KWA) is ready to establish an effluent testing laboratory at Athiyannoor to monitor the operations of industrial units in Thiruvananthapuram. It would also analyse the amount of pollution generated by these industries. Funds worth Rs […]
GAIL (India) Limited has reported a huge increase in net profit in the fourth quarter of financial year (FY) 2023-24. The net profit during the quarter stood at Rs 24.74 billion as against Rs 6.42 […]
Enfinity Global Inc. has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board […]
The instrument landing system (ILS) was inaugurated at the Kalaburagi Airport, facilitating smooth and safe aircraft operations even in adverse weather conditions including rains and low cloud cover. The ILS installation comprises of processes including […]
The Centre is expected to set a moderate but realistic highway construction target of 12,000-13,000 km for 2024-25, lower than the 13,814 km target set for 2023-24. This adjustment reflects increased complexities in constructing wider […]
GAIL Gas Limited (GGL) and National Institute of Technology- Karnataka (NIT-K) have signed agreement for supply of domestic piped natural gas (D-PNG) at the institute quarters. GGL plans to provide 0.35 million D-PNG connections in […]
As per reports, the Ministry of Shipping, Ports and Waterways (MoPSW) is working to shift to 80 per cent landlord model by 2030 to increase efficiency and reduce logistics costs at major ports. In the landlord model, operational aspects of the ports are […]
Maharashtra Metro Rail Corporation (MMRCL) has commenced the soil testing work for Swargate-Katraj underground stretch. It is awaiting approval from Public Investment Board (PIB). Swargate-Katraj Metro Rail Project involves extension of corridor 1 (Pimpri-Chinchwad-Swargate) of […]
The Public Health Engineering Department, Haryana has proposed a sewerage project for newly added colonies in Fatehabad, Haryana. The proposal is likely to be approved in June 2024. Tendering process will commence after the approval. […]
Brookfield India Real Estate Trust (BIRET) is set to acquire a 50 per cent stake in four Grade A assets from Bharti Enterprises in Delhi and Gurugram at an enterprise value of Rs 60 billion. […]
Adani Energy Solutions Limited (AESL) has acquired 100 per cent stake in Essar Transco Limited (ETL) after obtaining requisite regulatory and other approvals for an enterprise value of Rs 19 billion. The acquisition covers fully […]
European Investment Bank (EIB) granted in-principle approval for loan worth Rs 26.93 billion (300 million Euros) for the Bengaluru suburban rail project on May 8, 2024. With this, loan component worth Rs 167.67 billion has […]
RITES Limited has completed about 85 per cent of electrification work for the Lumding-Badarpur Rail Electrification Project. The project involves electrification of the existing 172 km long rail line between Lumding and Badarpur in the state of Assam.
The runway at the Birsi airport at Gondia has been extended by 1,000 meters, with the total length spanning 3,200 meters, facilitating the landing of larger aircraft. The runway has been installed with an instrument […]
The final phase of the Delhi-Dehradun Expressway’s fourth segment is close to completion, with construction actively underway across four sections. A significant milestone is nearing completion of a 12 km elevated roadway over a river, […]
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